In the early days of FedEx, founder Fred Smith famously took the company’s last $5,000 to Las Vegas, won $27,000 playing blackjack, and used the winnings to pay for fuel and keep the struggling business alive for a few more days.

    by Mediocre-Iron-7991

    30 Comments

    1. It’s amazing, Reddit just loves to always shit all over successful businesses that employ thousands of people.

    2. And just 2 weeks ago, FedEx threw a $600 box full of business stationary into a fuckin snowbank 1/3 mile from my house because, well we don’t know. USPS, UPS, the school bus, and everyone else was able to drive right to our door

      Fuck FedEx.

    3. Idk why but saying “Federal Express” reminds me of Elaine from Seinfeld

      ![gif](giphy|bznNJlqAi4pBC)

    4. superchinabuffet on

      And that company still struggles with delivering packages to this day. I’m sure if FedEx was responsible for getting his body to his funeral, it would have shown up a day late.

    5. Mundane_Seesaw_4425 on

      I remember learning in the 80’s-90’s that their airport in Memphis becomes the busiest airport in the world twice a day when the a.m and p.m. air mail goes out. Amazing intricacy on an astonishing scale of volume.

    6. L0rdSwoldemort on

      Didn’t this guy kill someone driving under the influence? I remember reading he really didn’t get in trouble for it. Also, his son has no business coaching in the NFL. Such a nepo hire. NPC lookin’ mfer

    7. Even now shipping with FedEx is a gamble. They’re almost as bad as UPS. This is all based on my own personal experiences.

    8. AccountOfMyDarkside on

      Both of my kids work at a FedEx hub in the Midwest. They owe their livelihoods to a night in Vegas.

    9. Ok_Acanthisitta2318 on

      Interesting how he was allowed to use the word “federal” as that’s usually protected by some (no pun intended) federal law.

    10. What a “rags to riches” story. He bought his first few jets with money raised from his family. Could your family raise enough money for that? They could if they owned the Greyhound Bus lines. Like his.

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